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Enterprise Software Company for Sale in Riyadh, Saudi Arabia

Established IT security services provider with a strong presence in the Middle East and Africa.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 50 - 100
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 13.3 million
Run Rate Sales USD 13.3 million
EBITDA Margin 40 %
Industries Enterprise Software
Locations  Riyadh
Local Time 12:06 AM Asia / Riyadh
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 33 million (Native Currency: SAR 123,000,000)
Reason: The owner wants to venture into other businesses.
Includes physical assets worth USD 200 thousand
Interested to connect with advisors
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Business Name
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Business Overview
- Company specializing in providing IT Security Services.
- The services are catered to various sectors including public, private, healthcare, university, and defense across the Middle East and Africa.
- The company has established a strong presence in several countries including Saudi Arabia, Egypt, the United Arab Emirates, Morocco, Libya, the USA, the UK, Chile, and Cyprus.
- It is a trusted technical arm for more than 20 security vendors such as IBM, Sailpoint, and Trendmicro.
- The company undertakes a substantial number of projects annually, which includes both small scale and large scale projects, ranging from 50 to 60, with project durations spanning from 1 to 2 months for small scale to 1 to 2 years for large scale.
- The value of the projects undertaken by the company varies significantly, ranging from $10,000 to $4 million USD.
- The business has 50 permanent employees, working in development, marketing and admin areas. No additional contract/part-time employees.
Products & Services Overview
IT security services such as, security automation, cloud security, secure identity and access management, infrastructure and network security, IoT security and threat defense and ICS/SCADA security.
All sectors, public sector, private, health care, university, defense, etc.
The services are catered to various sectors including public, private, healthcare, university, and defense across the Middle East and Africa.
Assets Overview
Physical assets include office furniture, computers, servers etc.
Facilities Overview
Rented offices located in Riyadh, Saudi and another office in Dubai.
Planning to open another office in Morocco.
Capitalization Overview
Self-funded by the owner.
No outstanding loans or liabilities.
There is 1 owner.
Recent Activity
  • 2 weeks, 1 day ago
    Managing Director, Dubai, Financial Consultant connected with the Business
  • Earlier than 15 days
    Sr. Sales Advisor, New York, Business Broker connected with the Business
  • Earlier than 15 days
    COO, Robotics, Riyadh, Corporate Investor / Buyer connected with the Business
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
1 Buyer contacted this Business this month. Register below to connect now!
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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